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<br /> �1,�F,D OF TRU9� MOD�r,�?ON AGREEMENT �' -
<br /> (Variable Rate to Fixedl �a
<br />- THIS D�$D OF 7'RUST MODIFIC'ATION AGREEM�NT made and executed
<br />- tliis 20� day of y�a�st , 1997, by and between D. STEVEN LEININGER
<br />_ p u� Sp(�RA 7 LFININGEEi. hus��nd an wife ►
<br /> liere�.na�ter referred to as "Rorrower", and HOME FEDERAL SAVING3
<br />- 7►ND LOAN AS30CIATION OF GRANA ISLAND, liereinafter referred to a�
<br /> �'Lender".
<br /> WITNTSSETH:
<br /> WHgREAB, Barrower did execute a certain Ad�ustable Rate Note
<br /> payable to tlie order of the Leradea in tlie total original am�unt
<br />- oE ONE HUNDRED THIRTY THOUSAND FI VE HUNQRED AND (���Q11 s (S �0_500.Od ;
<br /> WHEREAS, the Note described abave was secured �y a Deed of
<br /> , Tr�ict Sa1th Ad�ustab�e Rate Rider aated No�ember 24 �gg3, fiYed of
<br /> record in �he Office oE tt�e HALL .,_ county Register of needs
<br /> o» N�„ 3❑ , 199�, as Documei�t 2io. 93-110320
<br /> in �:�spect to that real estate dESCribed as:
<br /> LDTS DNE (1) AND TWO (2), BLOCK FIFTY FOUR (S4), CIiARLES WASmER�S 3RD ADDITI�N,
<br /> CITY OF GRANQ ISLAND, HALL COUNTY, NE9RASKA
<br /> wHSREAB, Borrower hae requested that interest be converteci
<br /> to a fixed re�te rath�r than the variable rate speci.fied by such
<br /> Deed of Trust with Adjtt�stable Rate Ridei and that the stated
<br /> . maturity da�e be also liereby modifiect;
<br /> WHERBRS, Lender ie willing to convert such variable rate
<br /> loan into a fixed rate loan to be secured by such Qeed of Trust
<br /> wlth Adjustable Rate Rider and modify tl�e existing maturity date;
<br /> �tNEREAS, Borrower and Lendar hereby desire to amend the
<br /> exietfng Deed of �'rusL with Adjustable Rate Rider identi�ied
<br /> hereinabove to provide that it shall continue to secure tlie
<br /> preseiltly remaininq indebteduess fiom and after �he date
<br /> liereinafter speciEted togatlier witli a fixed rate of inte�est
<br /> � rather than a variable rate as originally set forth ir� such
<br />- Adjustable Rate Rider;
<br /> ........�.........
<br />_ NOW, TIi�RSAETER, it is agreod: '.►!...,s�L•r^,�f.K�,�
<br /> • :`�°''�M � . �
<br />� i. �.nter_e_st [_tate_anst_t�tu„�,i,���od� cat�, �on►mencing -
<br /> L; e£fectivg SeDtember 1 , 199?, tUe indebtedness secured by -
<br />;�'� the Deed of Trust with Adjuatable Rate Rider hereinabove
<br /> - '' identified shall accrue interest at a £ixed rate of seu�n and one-half
<br />"'� percent ( 7•5 "ti) throughout the remaininq term of such
<br /> - _�__ _� _�_.� LL�L�.��i.�� aL� ..1..t.. ..«��Ir�cA in tltn
<br />-o,� lliQef7LeWlOplf Qil4� t1V4niwto�.ativuay VUG j+avvao�.viso .:v......�....» �. ...�-
<br />:��� Adjustable Rate Rider, there shall be no furCher adjustments �to
<br /> �; sucli 1ltterest rate. The f inal maturity of such indebtedness as
<br />�� modified, secured by 8L1C$ Deed of Trust shall be Au4ust 1, 2007 ,
<br /> -'� , notwithstnading any other date of maturity which may
<br />-°;ti`� have been specified in tihe Deed of Trust he�*et�n�ro- id�it�fier�.
<br /> etk>��, :,,,y� .,•,hs',i;l!!;�alr•, ��
<br /> }.1
<br /> 2. �onLinuin Effec_t. Except as spec f�cai`,�,y!'.�ia�#�.ed'. by
<br /> thie nQed of Trust Modification Agreement, �i1 other --term� and
<br /> provisions of tlie Deed of Truet witli Adj�i�table Rate Rider
<br /> . liereinabove identified siiall remaiii in full force and effect.
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